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Chinese information-technology company; specific scope not independently confirmed.
Chinese information-technology company; specific scope not independently confirmed.
Moat: none
Headquarters: China · Employees: 31,278
Size Northking Information Technology (002987.SZ) is a China Information Technology company (Information Technology Services) with a market value of $1.67B, the 1485th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.72 on 6 Nov 2026.
Performance Over six months the shares fell 14.1%, against -11.0% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 0.7% over the last twelve months (peer median +6.0%); the operating margin is 5.9% (peer median 7.4%).
Valuation It trades at 30.6× forward earnings against a peer median of 34.4× (7th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is +0 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.9 points above its cost of capital (5.9% WACC).
Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.85B | CN¥4.81B | CN¥4.61B | CN¥4.21B | CN¥3.65B |
| Revenue growth | — | +4% | +9% | +15% | — |
| Gross profit | CN¥1.10B | CN¥1.06B | CN¥990M | CN¥944M | CN¥787M |
| EBITDA | n/a | CN¥336M | CN¥334M | CN¥351M | CN¥289M |
| Net income | CN¥298M | CN¥327M | CN¥312M | CN¥348M | CN¥277M |
| Free cash flow | CN¥217M | CN¥391M | CN¥237M | -CN¥212M | CN¥137M |
| Capital expenditure | CN¥90.1M | CN¥75.7M | CN¥26.4M | CN¥350M | CN¥7.19M |
| Total debt | CN¥225M | CN¥5.90M | CN¥19.9M | CN¥28.5M | CN¥38.5M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002987.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.3% | -3.5% | 7th highest of 21 |
| 6-month return | -14.1% | -11.0% | 9th lowest of 21 |
| Distance from 52-week high | -43.1% | -32.4% | 6th lowest of 21 |
| Revenue growth (TTM) | +0.7% | +6.0% | 7th lowest of 21 |
| Operating margin | 5.9% | 7.4% | 10th lowest of 21 |
| Forward P/E | 30.6× | 34.4× | 7th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 16.2% | 12.4% | 5th most demanding of 10 |
| Growth delivered (Del g) | +16.1% | +6.3% | 4th highest of 10 |
| Hurdle (Req g minus delivered) | +0.1 pp | -3.9 pp | 5th most demanding of 10 |
| ROIC minus cost of capital | +2.9 pp | -4.5 pp | 6th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Northking Information Technology 002987.SZ | China | $1.67B | -14% | +1% | 6% | 30.6× | 16.2% | +16.1% |
| Simplex Holdings,Inc 4373.T | Japan | $1.66B | +25% | +20% | 23% | 19.4× | 12.4% | +16.3% |
| secunet Security Networks YSN.DE | Germany | $1.66B | +20% | +13% | 11% | 37.3× | n/a | n/a |
| Mega Fortune MGRT | United States | $1.65B | -14% | -8% | -37% | n/a | n/a | n/a |
| Omnicell OMCL | United States | $1.70B | -15% | +6% | 5% | 19.5× | 11.7% | +5.8% |
| Zen Technologies ZENTEC.NS | India | $1.64B | +6% | +4% | 31% | 45.7× | 53.0% | +66.0% |
| Shift 3697.T | Japan | $1.71B | +61% | +24% | 11% | 19.2× | -2.2% | +28.6% |
| Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang 300469.SZ | China | $1.72B | -18% | -15% | -102% | n/a | n/a | n/a |
| CETC Digital Technology 600850.SS | China | $1.62B | -18% | -1% | 2% | 17.3× | 19.1% | +5.8% |
| Formula Systems (1985) Ltd. Sponsored ADR FORTY | United States | $1.75B | -26% | +1% | 8% | n/a | -3.4% | +6.3% |
| PDF Solutions PDFS | United States | $1.59B | -27% | +23% | 8% | 26.0× | n/a | n/a |
| CETC Cyberspace Security Technology 002268.SZ | China | $1.77B | -11% | -3% | 1% | 45.0× | n/a | n/a |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 22.0× | 16.7% | +5.2% |
| Data#3 DTL.AX | Australia | $1.54B | +81% | +6% | 8% | 31.6× | 26.9% | -14.2% |
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | n/a | n/a | n/a |
| Shenzhen YSSTech Information Technology 300377.SZ | China | $1.53B | -24% | +14% | -3% | n/a | n/a | n/a |
| Black Box BBOX.NS | India | $1.53B | +10% | +12% | 7% | 47.3× | n/a | n/a |
| Shenzhen Forms Syntron Information 300468.SZ | China | $1.52B | -33% | +9% | 9% | n/a | n/a | n/a |
| Cetc Potevio Science & Technology 002544.SZ | China | $1.52B | -41% | 0% | 0% | 375.0× | n/a | n/a |
| Guangzhou Sie Consulting 300687.SZ | China | $1.52B | 0% | +3% | -3% | 79.8× | n/a | n/a |
| Neusoft 600718.SS | China | $1.51B | -3% | -5% | -5% | 37.1× | -6.1% | +9.7% |